The move higher was made on big bullish volume, which indicates a high level of investor interest has returned. 30 higher low of $185.61 before rejecting and wicking from a resistance level at the $189.20 mark. The GameStop Chart: GameStop reversed to the upside Monday morning, making a higher high above the Sept. See Also: GameStop Emerges As Top WallStreetBets Interest Heading Into New Week - AMD, Palantir And These Are Other Top Trends The apes, who may number in the hundreds of thousands, believe together they are "hodling" most of GameStop’s float. It should be noted this data can change drastically in between reporting periods, which is currently calculated just twice per month. This means there may be only about 30 million shares remaining for retail traders. According to the latest data, GameStop has a 61.76 million share float, of which 50.39% is held by insiders and institutions. One of the main talking points within the ape community is that GameStop’s statistics don’t add up. Many have also continued to direct register their shares by transferring their stock from individual brokers to Australia-based ComputerShare. The apes have continued their tireless efforts aimed at exposing the Wall Street elite.
Ryan Cohen, GameStop Chairman and founder of Chewy Inc (NYSE: CHWY) posted a picture of himself standing in front of a GameStop retail outlet in Florida overnight, which excited the apes in a number of subreddit communities such as r/SuperStonk and r/WallStreetBets.
GameStop Corporation (NYSE: GME) was trading over 9% higher at one point Monday morning.